Member Info for win4call

Come on Fooler - show us that picture again with the G4S and WSG charts and let’s all have a laugh.

Like a stopped clock tells the right time eventually, one day the positive talk will actually result in something.

Steve - the deal may be bad, but bad for who ? Not for Fooler, sure he loses a bit on his holding etc but he doesn’t care about that. Bad for shareholders but he doesn’t give a flying fork there.

So long as he’s got more punters coming on at 4p then he’s happy.

Sadly, i think if the proposal gets voted down then the SP will only go one way and the company will be on the verge. There are big debts due, 1.5 million on CULNs , 900k on Rivers/ YA loan. Cash has dropped from 1.6 million to 700k in 5 months so burning through quickly. Covid has hit hard in H2 and will continue to be impacting revenues. They’d be relying on drawing down further on the mezzanine loan but who knows how they’d plan to pay it back.

I think it’s pretty clear that none of these prospects are on the edge of signing so this is pretty much keep the lights on until revenues get back up to pre-Covid levels.

Everyone knows there’ll be more placings but the hope is for at least a temporary rally based on being debt free.

Fooler has nothing, hence why they could only get the placing away at this price.

Placees expecting an easy 20% or more will be disappointed when they see there’s no interest in the share because everyone knows all about Fooler and his track record of non-delivery. Clearing debt doesn’t make him any more likely to actually get anybody to sign these sham prospects.

There’ll be a slow grind of placees selling out once they realise they’ve been sold a pup, taking anything they can get just above and then, likely, just below 4p with the SP spending months on a slow decline in the 3’s until the next placing mid 2021.

Given that cash at end of June was 1.6million and had fallen to 0.7 million by end of November I think it’s fair to say they are already losing money hand over fist.

HH -
Is it possible that pasty Pete can get the share up to a billion in 5 years or do we think sooner.

I’d say sooner. With nominal dropped to .1p every raise will be done at incrementally lower share price and soon every raise will be 100 million or more shares. Historically Fooler has done 2 railings a year and I don’t see that changing. His own holding has been going down the pan so clearly he doesn’t give a damn for the SP. A case of raise, rinse, repeat.

Lol - those institutional investors will be out of there as soon as the price hits 4.5p.

Fooler trying to spin it like he’s got some serious backing when they know exactly what sort of schitty stick they’re touching and have had to be seriously enticed to come anywhere near here.

MM’s know they’ve got millions coming at 4p that they’ll need to shift , so not going to want any more. Can’t see the sell price getting above 4.3p anytime soon to discourage forward sellers from taking 10%.

Fooler has cemented his place in the roll call of self-serving, duplicitous, dishonest and incompetent AIm CEO’s alongside the likes of Peter Landau, John Zorbas, George Roach et al. Ultimately he is just a Poundland version of Dave Lenigas.

I can’t imagine anybody expected a contract RnS or any further update for that matter. Fooler has done what he needed to do an trotted out the usual guff in order to get the placing away. He’s had to provide more information than normal, which he’ll hate, but it doesn’t matter because it’s all just flannel.

I hope that these excellent new advisors that are going to take the company well onto the next stage of its growth have a fookin pen and actually sign some agreements because sure as anything F up Fooler can’t.

There will be a pump coming soon. The twitterati and traders that have taken the placing will start talking this up and Fooler will spin out the jam. There’ll be speculation that a contract is really close or some update that indicates such.

Trick is to take advantage because it will just be jam. Fooler will never get one of these over the line and if he does it’ll need more funds to pay support it. He expressed his disdain for traders earlier in the year but this share is not investable and the only way is to trade the guts out of it.

Checking African countries for ones with 5 airports came back with Tanzania.

I think that’s 5 international airports and would assume that WSG are proposing a service covering all the IA’s in the country.

Has Tanzania been on the radar before here ?

Bemoaned the traders and tried to compare our SP performance - absolute joke.

Fooler has now put 44% of the shares in the hands of spivs. He is totally full of **** and surely can never talk about delivering anything to shareholders ever again.

There may be good money to be made by those on the placing. Holders have been shafted for the umpteenth time.

So Fooler didn’t want to go down the route of a dilutive placing at 10p to raise the money to pay off the CULNs and instead goes for a disastrous financing arrangement that trashes the finances even more and then has to do an even more dilutive placing at 4p and change nominal.

Clueless !

Nighthawk - I can see this as a prime time for a punt , or a dirty trade.

Massive dilution putting a (temporary) floor off 4p on this and would expect all those subscribing to the placing to be looking to get out ASAP with their wedge.

This bit in the RNS

under the Financing Facility, comprising 4,961,668 Existing Ordinary Shares, has been extended

Does that mean of the 14million they still have this many to sell ? Many were speculating they were nearly done but it looks like they’ve not been selling anywhere near as many as people thought.

Also, we’ve only paid approx 620k of the 1.5 million back from the repayments so far.

And finally, not much mention of Covid equipment sales. Did we buy loads of stock that we can’t now shift ?

Proposing to change nominal from 10p to 0.1p.

Really thrown the kitchen sink at this !